The FX Blue Trading Simulator converts the MetaTrader 4 strategy tester into a tool for practising manual trading using historic data. You can use the Simulator to test how well you would have fared under particular historic market conditions - and/or to check how well your favourite indicators would have guided you in the past.
The Simulator lets you place market and pending orders, set trailing stops, alter the s/l and t/p on orders by clicking on the chart, save complex order definitions as templates, quickly close all open orders, plus many more features which are not available as standard in MetaTrader 4.
This v3 of the Simulator has a range of extra features:
The results of a simulation can be published to the FX Blue website, giving you access to the full FX Blue reporting and analysis functionality.
The Personal Trade Copier duplicates orders between two (or more) instances of MT4 running on the same computer. It is trusted by tens of thousands of traders all over the world, and is even used by brokers to offset risk and liquidity from one server to another.
Communication between the copies of MT4 is almost instant. The speed of trade placement, and any slippage, will depend almost entirely on the latency to your broker and the quality of their trade execution.
The trade copier has a wide range of features. These are covered in greater detail in the user guide:
The sending copy of MT4 does not need the ability to place trades. It can be logged in using the read-only MT4 "investor" password.
The trade copier is based on our QuickChannel library, providing sub-millisecond data transfer between copies of MT4.